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Sterling Financial Completes Share Allotment

Sterling Financial share allotment proceeds after oversubscribed N7.00 public offer draws N117.88 billion in investor demand.
News

Dangote Commits N1.5 Billion to Bayero University Postgraduate

Dangote Graduate Business Scholarship will provide N1.5 billion in tuition support to MBA and management students at Bayero University Kano.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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Business

Sterling Financial Completes Share Allotment

Sterling Financial share allotment proceeds after oversubscribed N7.00 public offer draws N117.88 billion in investor demand.
News

Dangote Commits N1.5 Billion to Bayero University Postgraduate

Dangote Graduate Business Scholarship will provide N1.5 billion in tuition support to MBA and management students at Bayero University Kano.
Business

Tinubu Order May Add N14.6 Trillion to Federation Account

Executive order may add N14.57 trillion to the Federation Account as oil and gas revenues are redirected from PIA deductions.
News

South-East Resume Monday Trade After Sit-at-Home Ban

Monday sit-at-home ban sparks gradual return of trade and transport in South-East Nigeria, with confidence improving but patronage still subdued.

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